JMOM vs. ITOT

Last updated Apr 2, 2026

Compare and contrast key facts about JPMorgan U.S. Momentum Factor ETF (JMOM) and iShares Core S&P Total U.S. Stock Market ETF (ITOT).

JMOM and ITOT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JMOM is a passively managed fund by JPMorgan that tracks the performance of the JP Morgan US Momentum Factor Index. It was launched on Nov 8, 2017. ITOT is a passively managed fund by iShares that tracks the performance of the S&P Composite 1500 Index. It was launched on Jan 20, 2004. Both JMOM and ITOT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

JMOM vs. ITOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan U.S. Momentum Factor ETF (JMOM) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). The values are adjusted to include any dividend payments, if applicable.

JMOM vs. ITOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JMOM JPMorgan U.S. Momentum Factor ETF	1.15%	18.02%	28.47%	22.89%	-20.83%	25.03%	29.25%	28.24%	-5.25%	3.32%
ITOT iShares Core S&P Total U.S. Stock Market ETF	-3.31%	17.00%	23.80%	26.12%	-19.47%	25.68%	20.71%	30.67%	-5.33%	4.08%

Returns By Period

In the year-to-date period, JMOM achieves a 1.15% return, which is significantly higher than ITOT's -3.31% return.

JMOM

• 1D: 1.31%
• 1M: -3.52%
• YTD: 1.15%
• 6M: 1.77%
• 1Y: 22.38%
• 3Y*: 21.30%
• 5Y*: 12.68%
• 10Y*: —

ITOT

• 1D: 0.72%
• 1M: -4.34%
• YTD: -3.31%
• 6M: -1.32%
• 1Y: 18.51%
• 3Y*: 18.11%
• 5Y*: 10.62%
• 10Y*: 13.65%

*Multi-year figures are annualized to reflect compound growth (CAGR)

JMOM vs. ITOT - Expense Ratio Comparison

JMOM has a 0.12% expense ratio, which is higher than ITOT's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

JMOM

JPMorgan U.S. Momentum Factor ETF

ITOT

iShares Core S&P Total U.S. Stock Market ETF

Return for Risk

JMOM vs. ITOT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JMOM

JMOM Risk / Return Rank: 69
JMOM Sharpe Ratio Rank: 62
JMOM Sortino Ratio Rank: 65
JMOM Omega Ratio Rank: 65
JMOM Calmar Ratio Rank: 71
JMOM Martin Ratio Rank: 83

ITOT

ITOT Risk / Return Rank: 59
ITOT Sharpe Ratio Rank: 53
ITOT Sortino Ratio Rank: 57
ITOT Omega Ratio Rank: 60
ITOT Calmar Ratio Rank: 58
ITOT Martin Ratio Rank: 69

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JMOM vs. ITOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Momentum Factor ETF (JMOM) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	JMOM	ITOT	Difference
Sharpe ratio Return per unit of total volatility	1.14	1.00	+0.14
Sortino ratio Return per unit of downside risk	1.70	1.52	+0.18
Omega ratio Gain probability vs. loss probability	1.25	1.23	+0.02
Calmar ratio Return relative to maximum drawdown	1.89	1.53	+0.36
Martin ratio Return relative to average drawdown	9.75	7.25	+2.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JMOM vs. ITOT - Sharpe Ratio Comparison

The current JMOM Sharpe Ratio is 1.14, which is comparable to the ITOT Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of JMOM and ITOT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JMOM	ITOT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.14	1.00	+0.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.61	+0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	0.54	+0.16

Correlation

The correlation between JMOM and ITOT is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

JMOM vs. ITOT - Dividend Comparison

JMOM's dividend yield for the trailing twelve months is around 0.87%, less than ITOT's 1.12% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JMOM JPMorgan U.S. Momentum Factor ETF	0.87%	0.86%	0.75%	1.21%	1.39%	0.64%	0.85%	1.11%	1.38%	0.29%	0.00%	0.00%
ITOT iShares Core S&P Total U.S. Stock Market ETF	1.12%	1.11%	1.23%	1.47%	1.66%	1.18%	1.41%	1.88%	2.14%	1.69%	1.83%	2.01%

Drawdowns

JMOM vs. ITOT - Drawdown Comparison

The maximum JMOM drawdown since its inception was -34.31%, smaller than the maximum ITOT drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for JMOM and ITOT.

Drawdown Indicators

	JMOM	ITOT	Difference
Max Drawdown Largest peak-to-trough decline	-34.31%	-55.20%	+20.89%
Max Drawdown (1Y) Largest decline over 1 year	-12.28%	-12.34%	+0.06%
Max Drawdown (5Y) Largest decline over 5 years	-28.26%	-25.36%	-2.90%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	-3.52%	-5.51%	+1.99%
Average Drawdown Average peak-to-trough decline	-6.43%	-7.02%	+0.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.38%	2.61%	-0.23%

Volatility

JMOM vs. ITOT - Volatility Comparison

JPMorgan U.S. Momentum Factor ETF (JMOM) has a higher volatility of 6.53% compared to iShares Core S&P Total U.S. Stock Market ETF (ITOT) at 5.49%. This indicates that JMOM's price experiences larger fluctuations and is considered to be riskier than ITOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JMOM	ITOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.53%	5.49%	+1.04%
Volatility (6M) Calculated over the trailing 6-month period	11.39%	9.78%	+1.61%
Volatility (1Y) Calculated over the trailing 1-year period	19.79%	18.68%	+1.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.62%	17.36%	+1.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.20%	18.25%	+1.95%